Stock calls for 29 June 2021

Date	Analyst	Company	Last	Target	Call	Valuation
06/29/21	UOB Kay Hian	ARA Logistics	0.84	0.89	Buy
06/29/21	CIMB	DBS	29.6	32.64	Add
06/29/21	Lim & Tan	Ho Bee	2.86	3.6	Buy
06/29/21	Macquarie	Keppel Corp	5.6	5.44	Neutral
06/29/21	UOB Kay Hian	Mapletree Logistics	2.07	2.08	Hold
06/29/21	CIMB	OCBC	11.9	13.75	Add
06/29/21	UOB Kay Hian	Q&M	0.76	0.94	Buy	PER20x FY22
06/29/21	DMG & Partners	Riverstone	1.27	1.3	Neutral	DCF
06/29/21	UOB Kay Hian	Sembcorp Marine	0.133	0.124	Hold	Ex-Rights
06/29/21	CIMB	Sembcorp Marine	0.133	0.226	Hold
06/29/21	DMG & Partners	UG Healthcare	0.585	0.61	Neutral	DCF
06/29/21	CIMB	UOB	25.75	28.84	Add
06/29/21	DMG & Partners	Venture	18.71	20.7	Buy	PER18x FY21

Webcast #3 - What was the US FED thinking? - Part 2

https://www.cnbc.com/2021/06/28/el-erian-says-the-fed-is-behind-on-inflation-and-risks-another-recession-if-it-is-forced-to-catch-up.html

Another prominent economist has the same view as ours and his view also contradicts Janet Yellen.

http://sg-stock.blogspot.com/2021/06/webcast-3-what-was-us-fed-thinking.html

Golden Agri - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/15/20	DMG & Partners	Golden Agri	0.146	0.12	Sell	Sum of parts
06/26/20	DMG & Partners	Golden Agri	0.15	0.13	Sell	Sum of parts
08/17/20	DMG & Partners	Golden Agri	0.154	0.13	Sell	Sum of parts
08/17/20	CIMB	Golden Agri	0.154	0.12	Reduce
08/25/20	UOB Kay Hian	Golden Agri	0.145	0.14	Hold
11/03/20	DMG & Partners	Golden Agri	0.14	0.13	Sell	Sum of parts
11/19/20	OCBC	Golden Agri	0.152	0.13	Sell
02/26/21	CIMB	Golden Agri	0.193	0.2	Hold
03/04/21	CIMB	Golden Agri	0.192	0.199	Hold
03/04/21	DMG & Partners	Golden Agri	0.192	0.25	Trading Buy
03/04/21	OCBC	Golden Agri	0.192	0.21	Hold
05/04/21	DMG & Partners	Golden Agri	0.25	0.3	Trading Buy
05/14/21	CIMB	Golden Agri	0.275	0.25	Reduce	Sum of parts

GL Ltd - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
07/28/20	Lim & Tan	GL Ltd	0.59	0.7	Hold
08/27/20	Lim & Tan	GL Ltd	0.555	0	Hold
10/05/20	Lim & Tan	GL Ltd	0.525	0	Hold
01/14/21	Lim & Tan	GL Ltd	0.56	0	Hold
03/16/21	Lim & Tan	GL Ltd	0.8	1.16	Accept Offer	Offer $0.80

GKE - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/07/21	CIMB	GKE	0.138	0.18	Add	Sum of parts
01/15/21	CIMB	GKE	0.138	0.184	Add	Sum of parts
06/08/21	SAC Capital	GKE	0.134	0.163	Buy

Stock calls for 28 June 2021

Date	Analyst	Company	Last	Target	Call	Valuation
06/28/21	DMG & Partners	China Aviation Oil	1.05	1.26	Buy
06/28/21	Amfrasers	Hyphens Pharma	0.315	0.43	Buy	PER17x FY22
06/28/21	CIMB	ISDN	0.685	0.84	Add	PER12.5x FY22
06/28/21	Phillip	Keppel Corp	5.4	6.2	Buy	Sum of parts (10% discount), PB1x FY21
06/28/21	DBS Vickers	Keppel Corp	5.4	6.2	Buy	PB1x
06/28/21	UOB Kay Hian	Thai Beverage	0.685	0.92	Buy